The Executive Chairman of the Iraq Britain Business Council (IBBC), Baroness Nicholson (pictured), has announced the biggest ever British trade mission to Iraq.
In a massive push to boost UK business in Iraq the IBBC will take a 100 companies to Baghdad, Basrah and Erbil in mid-June.
A senior UK government minister will co-lead the delegation with Baroness Nicholson who said:
“The British are coming! For a long time UK companies have lost out to competitors from countries in the Far East and even those closer to home like the French and the Italians.
“We have to fight back and Iraq-100 is a bold and courageous bid to put British firms in the vanguard of Iraq’s reconstruction.“
The first stop for the delegation will be Baghdad for a conference and a mini trade fair at the Al Rashid Hotel. The delegation will then move on to Basrah and Erbil.
In a speech at the IBBC’s Mansion House conference, UK Foreign Minister Alistair Burt praised the mission and said trade between Iraq and Britain has increased by 40% in the last year and is now £1 billion annually.
During the five day visit delegates will meet Iraqi government officials and senior politicians.
In the coming weeks IBBC staff will fly to Iraq to meet with members of Iraq’s National Investment Commission (NIC) to finalise details of the visit including transport and security arrangements.
Baroness Nicholson said:
“In trade terms this is the biggest event the IBBC has participated in and we are honoured to have the lead role.“